The new One Big Beautiful Bill Act introduced new tax changes, creating significant tax-saving opportunities in both business and personal deductions. The new bill permanently extends many rules of the Tax Cuts and Jobs Act and makes changes to qualified business income deductions, estate exemptions, state and local tax deductions, and more. A guest joins this episode to summarize key points of the bill and examine which rules take effect in 2025.

 

LINKS

CWA Blog: The One Big Beautiful Bill Act

The One Big Beautiful Bill Act

cainwatters.com

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